Only two companies with strong home health ties—Kindred Healthcare (NYSE: KND) and Humana (NYSE: HUM)—graced this year’s Fortune 500 list, but the industry as a whole appears to be inching its way closer to the top. The Fortune 500 list is an annual ranking of U.S. companies, both private and public, based on total revenues […]
Great Lakes Caring, National Home Health Care and Jordan Health Services Complete Combination Michigan-based Great Lakes Caring, Connecticut-based National Home Health Care and Texas-based Jordan Health Services have completed their previously announced deal, finalizing the creation of one of the largest home-based care providers in the United States. The combined company brings together three market leaders […]
CEOs from publicly traded home health care companies brought home a combined total of about $39.5 million in 2017—though some execs certainly earned far more than their industry peers. In order, CEOs from Kindred Healthcare (NYSE: KND), Encompass Health (NYSE: EHC) and Amedisys, Inc. (Nasdaq: AMED) took home the most last year in total compensation, […]
Fresh off a recently announced acquisition of a regional provider, Encompass Health (NYSE: EHC) is doubling down on its organic growth to be a competitor in the tightening home health care space. Encompass, an inpatient rehabilitation, home health and hospice care services provider based in Birmingham, Alabama, posted strong revenue growth for the first quarter, […]
When the Bipartisan Budget Act of 2018 was signed into law in February, a new home health payment system was back on the table. However, language of the bill left some unanswered questions about what the new model will look like. Namely, the legislation outlined “30-day units of service,” which does not make clear if […]
Encompass Health (NYSE: EHC) is acquiring a Mississippi-based in-home care services provider, Camellia Healthcare, and its affiliated entities. Camellia Healthcare operates a portfolio of home health, hospice and private duty locations in Mississippi, Alabama, Louisiana and Tennessee, with revenue of approximately $78 million in 2017. The deal will push Encompass Health, the nation’s fourth largest […]
After a year of turbulent home health regulatory pressures, Encompass Health (NYSE: EHC) is prepared to make a play for acquisitions in the home health and hospice sectors. However, Encompass isn’t the only company eyeing new opportunities in 2018, and the added competition could heat up the market, executives stated during the company’s end-of-year earnings […]
Happy Monday, Home Health Care News readers! We had a snowy weekend in Chicago. Before you settle into the workweek, take a minute to catch up on all things home health and home care with our must-read news. Keep reading to see our top stories from last week. This week, Encompass Health (NYSE: EHC) is […]
Encompass Health (NSYE: EHC) may have recently checked a major rebranding off its to-do list for 2018, but the home health care provider is still taking on new acquisitions, industry consolidation and payment reform. Speaking at the J.P. Morgan Healthcare Conference, Encompass Health executives summarized their 2018 goals, guidance and challenges. CEO Mark Tarr reiterated […]
Encompass Home Health and Hospice and HealthSouth (NYSE: HLS)—soon to be known as Encompass Health—plowed through recent regulatory challenges and is looking to add more hospice deals in its future. Home Health Care News recently caught up with Cliff Blessing, senior vice president of development at Encompass, to find out more about the organization’s M&A strategy […]
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